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Baijiu Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast to 2023 By Top Key Players - Kweichow Moutai Group, Wuliangye, Yanghe Brewery, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group
Baijiu, also known as shaojiu or archaically as sorghum wine, is a Chinese alcoholic beverage made from grain. Baijiu literally translated means white alcohol or liquor, and is a strong distilled spirit, generally between 40 and 60% alcohol by volume (ABV).Global “Baijiu Market” Report 2018 peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Baijiu Market report introduces market competition situation among the vendors and company profile, revenue, product & services, latest developments and business strategies.
As for the region consumption, the South West and East China remained the largest market for Baijiu in the China, with 25.08% and 19.89% market share consumption in 2015. Other major consuming regions includeCentral China , North China and North West, which account for 14.51%, 10.49% and 10.75% respectively.
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Baijiu is a clear liquid usually distilled from fermented sorghum, although other grains may be used; southern China versions may employ glutinous rice, while northern Chinese varieties may use wheat, barley, millet, or even Job's tears instead of sorghum. The jiuqu starter culture used in the production of baijiu mash is usually made of pulverized wheat grains.
Baijiu is strong distilled from grains, which is a traditional alcoholic beverage from China. The Baijiu industry in China is quite fragmented. In 2015, the top ten enterprises were estimated to account for about 10.25% production market share. The majority players in China Baijiu market are Kweichow Moutai Group, Wuliangye, YANGHE, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group, Shunxin Holdings, Xinghuacun Fen Chiew Group and Baiyunbian Group etc.
Baijiu can be similar in appearance to vodka, but it has a unique flavor that is not comparable to any other type of spirit .Baijiu is often classified based on three fragrances: Sauce, thick and light etc. in addition, thick-favor type is the major product with 73.16% production market share in 2015. The typical production enterprises of thick -favor baijiu are Wuliangye and Luzhou Laojiao. Kweichow Moutai Group is the key manufacturers to produce sauce-favor types Baijiu.
The Key Players Covered in this report:
• Kweichow Moutai Group
• Wuliangye
• Yanghe Brewery
• Daohuaxiang
• Luzhou Laojiao
• Langjiu Group
• Gujing Group and More....
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of this market?
• Which are the roadblock factors for this market?
• What are the new opportunities responsible for the growth in the coming years?
• What are the present and future trends in this market?
• Which are the main factors responsible for a new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales, and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?
• How will each segment grow over the forecast period and how much revenue will these segments account for, in 2023?
• Which region has more growth opportunities?
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Segmentation by product type:
• Thick-flavor
• Sauce-flavor
• Light-flavor
• Others
Segmentation by application:
• Corporate Hospitality
• Government Reception
• Family Dinner
• Other
Research objectives
• To analyze the Baijiu with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Baijiu submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies and More…
Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Baijiu by Players
4 Baijiu by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
TOC Continued….!
Tables And Figures
• Figure Picture of Baijiu
• Table Product Specifications of Baijiu
• Figure Baijiu Report Years Considered
• Figure Market Research Methodology
• Figure Global Baijiu Consumption Growth Rate 2013-2023 (K Units)
• Figure Global Baijiu Value Growth Rate 2013-2023 ($ Millions)
• Table Baijiu Consumption CAGR by Region 2013-2023 ($ Millions)
• Figure Product Picture of Thick-flavor
• Table Major Players of Thick-flavor
• Figure Product Picture of Sauce-flavor
• Table Major Players of Sauce-flavor
• Figure Product Picture of Light-flavor and More….
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Báijiǔ is a clear liquid usually distilled from fermented sorghum, although other grains may be used; some southeastern Chinese styles may employ rice or glutinous rice,…